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Connected Data for buy-side firms

Despite market and reference data progress, challenges remain for digital transformation

Buy-side firms are making more progress than sell-side firms on digital transformation for market and reference data, but do they need to accelerate this transition even more?

According to the Connected Data survey – analysed specifically for the buy-side in this new eBook – the answer is yes. 

Globally, buy-side firms are ahead of the sell-side in areas such as data governance, cloud adoption, and operational resilience for market and reference data. However, there is still a long way for firms to go before they can say they have attained digital transformation. 

Our new eBook examines the challenges that buy-side firms are encountering, and the importance of a connected data strategy that brings together data across the front, middle and back offices. Taking a connected data approach could unleash considerable value for buy-side firms. 

  • 78%
    of buy-side firms say their use of market and reference data will increase over the next 12 months
  • 41%
    of buy-side firms currently store historical market data in the cloud.
  • 79%
    of buy-side firms agree that “improving how we manage market and reference data will require drastic changes in our organisation, technology, or strategy".

Read on - Download the full eBook

Donwload the full eBook to discover:

  • How much buy-side firms could boost both revenues and efficiencies if they had the market and reference data they need
  • The kinds of cultural challenges that are hampering the ability of buy-side firms to take a more connected data approach
  • Why there is a risk buy-side firms are not keeping up with the pace of regulatory change in their market and reference data strategies
Front cover design for the Unlocking hidden value in market and reference data report

Discover more from our Connected Data series

Strategy for financial services: Unlocking hidden value in market and reference data across the organisation

Our survey examines the role that a connected data strategy across the front, middle and back office plays in closing the potential gap for financial services firms, and unlocking added business value.